JUST IN: $25,000,000 worth of $ETH shorts liquidated in the past 60 minutes.
• Breaking News: $25M worth of $ETH shorts liquidated in the past hour, signaling a sudden price spike catching bearish traders off guard.
• What’s a Liquidation?: Forced closure of leveraged positions when margin runs out. Shorts betting on $ETH price drop lost big due to a rally. #CryptoBasics
• Why It Happened: Potential causes include bullish market sentiment, key resistance breaks, or a short squeeze driving more buying. #ETHPrice
• Data Insight: Platforms like CoinGlass show liquidation spikes; Binance likely saw significant action. Check heatmaps for details. #LiquidationHeatmap
• Trading Tips: Use low leverage (5x-10x), set stop-losses, and monitor Binance Futures to avoid liquidations. #TradeSmart
• Engage: Is $ETH set for a rally or a bull trap?
